We work with Tatjana and her team for more than 5 years. All these time we were getting invaluable advices and support that saved us a lot of money.
Anthony (Global Tronic SIA)
We rely on Business Latvia in general accounting and payroll support. Management reporting for Head Office and local office helps to manage company better.
Ingrida (Termopalas LV)
We are truly satisfied with the help Business Latvia Accounting and Legal team did for us, when we launched the business in Latvia.
John Payne (TCI Group)
5 THINGS WE KNOW TO BE TRUE
#1 Successful accounting support brings more value than rate you pay
Masses of entrepreneurs perceive accounting company services as necessary evil. Usually, they focus only on the lowest valuation and do not even attempt to use accounting expertise for their business commissioning market Successful accountant will not only make all required reporting requirements, but also will present information in clear and understandable way about company positions, future perspectives and risks. He will catch and indicate areas where decisions are needed and will provide client with possible solutions. Such approach is really working and help clients to earn more.
#2 Small business desires universal support
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for support Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax difficulties for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will method the documents, prepare and submit reports. He will also provide information about company overall financial put in place and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring well being
Payment of taxes is a norm in state of the art world; all discussions about how these taxes are later used by government are speculations and cannot justify not payment of taxes. However, business managers are free to choose optimal taxation regime for the to attack of their business and alter it to a more favorable, once it is competitive to them. All these, require proper analysis programming and monitoring of legislation substitutions however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Set right
We have a tax research in one of our clients at least once per quarter, so we accumulated great qualification in working with our State Revenue Fix During all these books we noticed that countless issues could be avoided, if you anticipate State Revenue Set right in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the requests in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you interests Everybody should do their job properly, so helping SRS to address their damage problems will open you road to easier find compromise on questions that are needed for you.
5 THINGS WE KNOW TO BE TRUE
#1 Healthy accounting help brings more value than price you pay
A shedload of entrepreneurs perceive accounting company services as vital evil. Usually, they focus only on the lowest fee and do not even experiment to use accounting expertise for their business placement Good accountant will not only make all mandatory reporting requirements, but also will present a question in clear and understandable way about company positions, future perspectives and risks. He will catch and indicate areas where decisions are important and will provide client with possible solutions. Such apprehend is really working and aid clients to earn more.
#2 Small business wishes universal support
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for help Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax complications for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will technique the documents, prepare and submit reports. He will also provide a solicitation about company overall financial place in position and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no technology should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring comfort
Payment of taxes is a norm in modern world; all discussions about how these taxes are later used by government are speculations and can not justify not payment of taxes. However, business managers are free to select optimal taxation regime for the to start of their business and alter it to a more favorable, once it is competitive to them. All these, demand proper analysis planning and monitoring of legislation changes however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Fix
We have a tax inspection in one of our clients at least once per quarter, so we accumulated great experience in working with our State Revenue Mend During all these work we noticed that a slew of complications could be avoided, if you approach State Revenue Put right in a professional technology Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you advantages Everybody should do their job properly, so helping SRS to address their the complexities will open you road to easier find compromise on requests that are necessary for you.
